Cape Canaveral, FL vs Crestview, FL

Cape Canaveral, FL and Crestview, FL have a very similar cost of living, with only a 1.1% difference in their overall index. Cape Canaveral scores 97 while Crestview scores 96 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cape Canaveral is $1,156/month compared to $1,312/month in Crestview — a 12% difference. Interestingly, home values tell a different story: while Cape Canaveral has cheaper rent, Crestview actually has lower median home values ($266,500 vs $323,900).

Median household income in Cape Canaveral is $70,585 compared to $69,279 in Crestview (+1.9%). While Cape Canaveral is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cape Canaveral spend roughly 19.7% of their income on rent, less than the 22.7% in Crestview.